Semco Energy Inc Non-union Veba Tr
501(c)(9)Membership
Only null% goes to programs Strong reserves Declining revenue
Semco Energy Inc Non-union Veba Tr is a 501(c)(9) organization based in Port Huron, Michigan, registered in 1999, with $7,386 in FY2024 revenue. CharityIndex grades it C+.
1411 3rd St Ste A, Port Huron, MI, 48060 EIN 38-6705804 Since 1999
Revenue (FY2024)
$7,386
▲ 5.0% vs prior year
Membership median: $185K
Expenses (FY2024)
$3,384
Net assets
$127K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Semco Energy Inc Non-union Veba Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating449 mo reserves · +54% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Semco Energy Inc Non-union Veba Tr: 449 mo reserves · +54% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Semco Energy Inc Non-union Veba Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Semco Energy Inc Non-union Veba Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1411 3rd St Ste A, Port Huron, MI, 48060
- City
- Port Huron
- State
- Michigan
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
Financial trends
Revenue declined from $235K (FY2013) to $7,386 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $601Net assets $127K
Operating margin
54.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$127K
Total liabilities
$601
Net assets
$127K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,386▲5.0% | $3,384▲25.2% | $126,564▲8.6% | $127,165▲8.4% | 990 |
| 2023 | $7,033▲3.2% | $2,702▲57.4% | $116,572▲12.2% | $117,355▲12.0% | 990 |
| 2022 | $6,813▼41.1% | $1,717▲2.0% | $103,902▼17.1% | $104,752▼17.0% | 990 |
| 2021 | $11,562▲242% | $1,683▼0.2% | $125,301▲9.7% | $126,159▲10.0% | 990 |
| 2020 | $3,385▼50.4% | $1,687▲0.6% | $114,269▲14.8% | $114,717▲14.7% | 990 |
| 2019 | $6,821▲27.8% | $1,677▲0.7% | $99,570▲16.7% | $100,018▲16.6% | 990 |
| 2018 | $5,339▼82.4% | $1,666▼98.6% | $85,340▼6.4% | $85,768▼6.4% | 990 |
| 2017 | $30,292▼71.3% | $116,801▼82.9% | $91,212▼50.9% | $91,655▼50.8% | 990 |
| 2016 | $105,693▼33.2% | $684,186▲28.0% | $185,620▼77.9% | $186,213▼77.9% | 990 |
| 2015 | $158,254▼37.9% | $534,662▼21.1% | $841,668▼37.7% | $842,683▼37.7% | 990 |
| 2014 | $254,634▲8.4% | $677,295▲8.7% | $1,351,738▼29.6% | $1,353,101▼29.8% | 990 |
| 2013 | $234,936 | $622,805▲10.8% | $1,920,378▼11.4% | $1,927,470▼11.2% | 990 |
| 2012 | — | $562,258 | $2,168,547▼9.3% | $2,170,843▼9.6% | 990 |
| 2011 | — | $562,424▼20.0% | $2,390,058▼18.4% | $2,400,264▼18.2% | 990 |
| 2010 | — | $703,093 | $2,928,755 | $2,933,303 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Semco Energy Inc Non-union Veba Tr a legitimate nonprofit?
- Yes. Semco Energy Inc Non-union Veba Tr is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 38-6705804, based in Port Huron, Michigan.
- What is Semco Energy Inc Non-union Veba Tr's EIN?
- Semco Energy Inc Non-union Veba Tr's Employer Identification Number (EIN) is 38-6705804.
- How much revenue does Semco Energy Inc Non-union Veba Tr report?
- Semco Energy Inc Non-union Veba Tr reported $7,386 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Semco Energy Inc Non-union Veba Tr have?
- CharityIndex grades Semco Energy Inc Non-union Veba Tr C+, based on financial health (reserves and operating margin).
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Data for Semco Energy Inc Non-union Veba Tr (EIN 38-6705804) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.